Fujairah’s fuel oil stocks drawn 27% in May so far in International Shipping News 16/05/2026 Fujairah’s residual fuel oil inventories have averaged 27% lower so far this month compared to April, according to the latest data from Fujairah Oil Industry Zone (FOIZ) and S&P Global. Changes in monthly average Fujairah stocks from April to May (thus far): Heavy distillate and residual stocks down 1.03 million bbls to 2.83 million bbls Middle distillate stocks down 87,000 bbls to 1.13 million bbls Heavy distillate and residual fuel oil inventories in Fujairah have fallen below 3 million bbls, marking multi-year lows. Middle distillate inventories in Fujairah have also declined, averaging 7% lower than last month’s levels. Prompt bunker availability in Fujairah is currently very tight, with supply across all grades subject to enquiry, a source said. Source: ENGINE, https://www.engine.online/news 2026-05-16 hellenicshippingnews... tweet Share